Word: weeks
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Dates: during 2000-2000
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Call it the revenge of the real-world retailers. After years of being told they didn't get the Net, sites like Walmart.com and Target.com are suddenly the fastest-growing shopping destinations on the Web. Over the past five weeks, visits to "multichannel" dotcoms (a.k.a. clicks-and-mortar, those with a catalog or store behind them) have shot up 67%, compared with a 42% seasonal rise for "pure-play" merchants (which exist only online, like Amazon.com) Walmart.com alone is gaining 80% more cybershoppers every week. Incoming CEO Jeanne Jackson raised eyebrows when she closed the site for renovations two months...
...technology catches on, it could go a long way toward compensating for last week's stalled progress on the 1997 international treaty, originally negotiated in Kyoto, Japan, to cut carbon dioxide emissions. So far, Toyota has a five-month waiting list for its Prius (Latin for "to go before"), and it has logged 7,300 orders since the car's July launch. It will easily sell out this year's small production run of 12,000 cars. Sales of the Insight, introduced last December, are slower--about 3,500--partly because many dealerships can't get the cars, and partly...
Divine and RZA are now cracking the whip like senior execs. "We're coming together like we did for the first five years," says RZA. "We see each other at least three times a week, with everybody aware of everything we're doing." Divine, meanwhile, is pushing the group to begin acting as a formal board of directors. The plan is to hire managers to run the business and keep the chubby W on only the handful of products that the entire band endorses...
...most eagerly awaited executive decision since the scrapping of New Coke, super-CEO Jack Welch last week named an heir to the GE throne. He is Jeffrey Immelt, 44, an aggressive yet charming manager who currently runs GE's Medical Systems unit. GE was mum on Immelt's numbers, which will be laid out in the company proxy in a few months. No doubt the Welch protege won a valuable prize. As Welch pointed out during a press conference last week, "He got a helluva raise, I'll tell you that...
...work force. Amid the hot economy of recent years, a larger group of men--especially those from lower-income families--might be heading straight from high school into fields like aircraft mechanics and telephone- and power-line repair that pay an average of $850 a week rather than taking on a load of college debt. Some social critics blame a dearth of male role models among schoolteachers, and a culture that promotes anti-intellectualism among boys. And, especially in inner cities, crime and gangs entice more boys than girls away from learning...